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worked until 66, but i was forced into retirement after my company said most of the job to china. all you have to do is look around and see owns all the gas stations and 7-eleven's. those people are the rich ones that come from their countries and turnaround and bring their servants with them. that is who is running those businesses. host: what do you think needs to happen in the next couple days before the end of the year? caller: one has to happen if the republicans have to agree on bringing the jobs back from overseas. the democrats could maybe agree on cutting back on some of these food stamps, especially for people that have come here and have never worked for the country and don't deserve it. host: on twitter -- another story this morning, this from "usa today." we are still getting your thoughts for the next five or 10 minutes in this first segment of the washington journal on john boehner's "plan b" that was released yesterday in case the negotiations break down over the fiscal cliff. william from north carolina is on our independent line. caller: i was calling to tell you that th
be on the the way, they've got one already, how is that working out? and china may be the number one economy soon. really? "varney & company" about to begin. >> right off the top, breaking news for you now. fox business learned that a group claimed to be aligned with terrorism is threatening to launch a massive attack against u.s. bank websites and made that threat in the fall and this is a new threat set to start this week, we hear. and a list of banks targeted includes j.p. morgan chase, bank of america, u.s. bancorp, pnc financial services and suntrust banks. more details when we've got them. the power and might of unions on display today and being tested. you will see huge protests at the state capital building in michigan where right to work legislation will be signed today. that means workers will be able to choose if they want to join the union. they will no longer be compelled to pay dues. here is the president speaking at a daimler factory in michigan yesterday. >> we do everything we can to encourage companies like daimler to keep investing in american workers. and by the way, what we
it anymore. he wasn't satisfied with outsourcing thousands of jobs to low wage china when he was on the board of gateway computer. he wants to turn michigan into the same low-wage environment we see in china. >> reporter: as you look at state troopers out here right now, some are equipped with batons. look at their hips. what they have on their hips there are gas masks. you can see some weapons they're carrying. nonlethal weapons that would be used to dispurse the tear gas if it was needed to. as we bring up we heard someone shouting in the background it has been a peaceful demonstration. it has. there was trouble on the first day. eight people were arrested. a little bit of tear gas went out. here in this demonstration, things have been peaceful. nothing more than a lot of people showing up in numbers expressing discontent with the legislature and the speed with this legislation and speed which it moved through the legislature, jenna, mike, we saw a sign behind you. it said there is war on workers in the state of michigan. what is the primary gripe of unions and their members? >> reporter: w
to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax rates. some have urged congressman tom price of georgia to challenge john deere for the job. much more on what is next for the fiscal cliff. one week before we reach that point. the deadline is december 31, january 1. the president is in hawaii. the house and senate are also in set -- in session this week. elliot engel, weighing in on a number of topics, including rumors that former republican senator chuck a bill could be nominated as defense secretary. you heard from the president on friday as he nominated sena
the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he came to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it. and i think the organizing around it is so important. the labor movement, consumer groups, women's groups. >> i'm joined by a columnist for the nation magazine and howard fineman, msnbc political analyst. great to have you with us. howard, you first. when bob dole comes to the senate and he can't move people, where is the common sense? >> the senate is lost. that's the way i would put it. bob dole, one of the most revered figures. he's almost literally on his death bed a week or two ago. who summoned the courage to come to the senate to be the conscious on something he championed in 1990. this was senator bob dole, a republican. president george h. bush, republican. dick thorneberg,
-tech immigrants from the united states returning home to china. lou: democrats to feed the stamp act, science, technology, engineering, and mathematics. immigrants into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal immigrants are not even high-school educated, lacks skills, like education. my god. and they do so rejecting that law, that bill and prevent it from becoming law because they want to have a lottery. for crying out loud. the absurdities compound themselves. >> in general we have to recognize that the individual entrepreneur with special skills and contributions to american produce all the jobs, and they are the ones who are getting rich, who are punished by any increase in marginal tax rates. the already rich -- lou: what about the young man or woman in this country who is not an entrepreneur, is not a big shot, is not in middle management in a big corporation. they won a break. they won an opportunity. they want to live the american dream. why c
, those numbers are better. china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now destabilizing, or has the potential to destabilize the world economy? >> i think because it is relatively closed, it trades with itself and immediate neighbors, is less vulnerable to what happens outside, for instance in europe. but, the consequences would be relatively minor. it is more exposed to it's own difficulties, and it's own issues, than to what happens elsewhere in the world, because it is such a large player. >> so we're our own 5,000 pound gor ri gorilla. >> let me ask you as a final question, january 2nd arrives, no deal, what will we notice first? >> lack of citizen,
then? >> what are you going to do? you need another source of income. >> steve: call china! >> can we borrow more? you're already going to raise the medicare tax to help pay for obamacare. you're already raising the tax on some drugs to pay for it. what are you going to do now? if you don't get the medical device tax through, and you don't get the $29 billion, what are you going to do? you're right, steve. call china, let's borrow more. >> steve: so many people are fixated on the fiscal cliff and the president wants to jack up taxes on people who are successful. up to maybe about 40%. that's one of the theories out there. he'd love 40%. but a lot of people forget about the medical device tax, plus all the obamacare taxes already baked into the equation. >> it's a tax here, a tax there, a fee there, a fee here, everything goes up. medical care gets more expensive. not less expensive. >> steve: he talks about money. he talks about politics. he talks about all sorts of stuff on fox business, 9:20 eastern time. the great stuart varney, thanks for dropping by. >> thank you. >> steve: all r
depends on how china reacts to that. and number two, while they continue to test and provoke the united states, we still feel compelled to bail them out on humanitarian assistance because of the starvation of their people. we're caught between foreign policy and the real fear they're going to have a nuclear missile test soon. >> dana, the chair of the house committee on foreign affairs calls this missile launch the result of quote, the obama administration's policies of appeaseme appeasement. i'm sorry to have to ask you this question for about the 9 millionth time. why can't the gop move past its baseless 2012 attack lines and try to think of something constructive to do with this kind of issue? >> right. it feels like -- and it's not just north korea. we heard the same on iran. the cowboy diplomacy saying be tougher. in this case what exactly does that mean? does that mean launch a strike on this nuclear power potentially causing the loss of tens of millions of people. what exactly is the alternative here now that north korea has been in this position since it gained nuclear power und
and terrifying video out of shanghai, china. 33-ton shark tank exploded sending sharks flying everywhere and shoppers running for their lives. at least four people were in front of the tank when it cracked as you saw there. 16 people suffered cuts and bruises, nobody was seriously hurt. three lemon sharks died. officials are investigating whether cold temperatures along with shoddy design may have caused this. >> i'm not sure this gives you the story you want. i got bit by a shark in front of the gap. >> shanghai known for its rigorous building standards. >> i love shanghai but this is always the criticism. is everything built right because it looks good. >> fabulous city but a little shoddy in some of the standards. >> that's a weird story. >> i've never heard of that happening. >> never before. we cover a lot of crazy stories. >>> one of the crazy stories we cover on cnn is the fiscal cliff. we'll wait to see if a critical meeting at the white house will prevent us from falling over the fiscal cliff. congressional leaders meet with president obama and vice president biden if hopes of c
and china. john fund, coauthor of the book "who's counting." you want a raise? you want a clerical worker? the money is pretty good. $87,000 a year. $105,000 with a compensation package. one of the top u.s. blue collar jobs. >> the outrageous thing about this strike is this. the port owners were willing to say all the clerks will have lifetime employment. but if someone retires we want the flexibility to move their job around or eliminate their position and the union said no. these clerks basically still use paper invoices to make sure the cargo moves clearly. a lot of that can be automated. these jobs, $165,000 are apparently forever. as a result of that we had this unnecessary strike and it cost a billion dollars a day and the price of toys may go up on christmas. >> this was not about benefits, vacation or pensions or salary. it was about the job of these clerks monitoring the port car go and their jobs are going to be guaranteed for life. but they wouldn't be allowed to replace them or eliminate those jobs once they retired. bill: so the debate was about what happens in the future. if
. philadelphia mayor, michael nutter, recently went to china. you might find it hard to believe the number one question the chinese are asking about. also, in office politics. my conversation with two-time pull itser prize-winning columnist about how he was able to get into office and one item that is supposed to make you smaert. >> the mayan calendar predicts december 26th is doomsday. >> i figure i am going to run up all my credit cards for holiday >> carmen is yelling at me. i'm not. until the 22nd. i'm just saying if earth is going to end. thank you, alex. coming up how three college students changed the lives of thousands by getting them some raises. our foot soldiers are next. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've got nine grams of protein. that'
. host: the stories are "the in- sourcing boom" and "mr. china comes to america. both can be found at theatlantic.com. thanks for joining us. we will take you live to the house floor. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., december 19, 2012. i hereby appoint the honorable daniel webster to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the chair will receive a message. the messenger: mr. speaker, a message from the senate. the secretary: mr. speaker. the speaker pro tempore: madam secretary. the secretary: i have been directed by the senate to inform the house that the senate has agreed to s. res. 624, relative to the death of the honorable daniel k. inouye, senator from the state of ohio. -- hawaii. the speaker pro tempore: pursuant to the order of the house of
with the challenges in europe, with china going through a transition, with india's political system, as chair of the india caucus, almost more this functional than ours. we look pretty darn good if we can put a real plan in place. >> what would be the size of the plan? >> i think it gets north of $4 trillion, whether it gets to $6 trillion. this goes back to where you start. two points -- kind of on the opening round questions. it is important to remember that the simpson-bowles plan, which has gained a lot of attention, or the gang of six, which is built off the simpson- bowles, the presumptions that went into those plans assumed that all the top rates would go back up. when you start from that, even though i think simpson-bowles's idea that he would bring the rates down to the high 20's is a bit of a stretch. i do not think we will see that kind of across the board almost zeroing out in some places of tax expenditures that would require. they can show a path towards meaningful tax reform even with the rates at the higher level. point two, and this is one of the things where i think those of
met him when he worked with haley bailey 18 years ago in china. he was a great divan. he's a great guy now. i hope you're good to meet him. it hadn't been for him, we wouldn't be here tonight. so, and jackie, wherever she is. they are. without her the invitation list would have been a mess. i have no alan simpson for just over 40 years. i heard of the story sophisticated than i try to do them myself. and he helped me out of that hole. i worked 18 years. as press secretary in chief chief of staff responsible for all mistakes. [laughter] wayne al went to retire and went to harvard, i went to the smithsonian and was in charge of government for a wild man. my wonderful wife, rebecca who is right here. i'm telling you i could not have done this book without you. she did with research and out of me being up at 4:00 in the morning and she is amazing. so we went overseas and did a bunch of work with charities and children and blind people and lepers and came back and ended up on a sailboat in one day in 2005, the phone connected for some reason to some island power in your brain and it was all
the work with glen bailey and holly page. i met him 18 years ago in china. a great guy then to migrate dynel. if it hadn't been for him we would not be here tonight. so jackie, wherever she is. no, there. without heard the invitation list would have been a mess. i have known allen and simpson for just over 50 years. i grew up in wyoming. i heard all the stories and i was a kid and then i tried to do them myself. he helped me out of that. i worked 18 years. press secretary in the chief of staff, responsible for all mistakes. [laughter] when he went to retire and went harvard, i went to the smithsonian and those in charge of government. my wonderful wife, rebecca, who was right here, i'm telling you, i could not have been without her. she researched and put up the media before:00 in the morning and is amazing. so we were tired, when overseas and did a bunch of work for charities and children and blind people on the purse and came back and ended up on a sailboat. one day in 2005 the phone connected to some island to our. it rained. it was al simpson. he said, these guys want to write the
Search Results 0 to 22 of about 23 (some duplicates have been removed)